Gear Energy

TO:GXE Canada Oil & Gas E&P
Market Cap
$88.09 Million
CA$126.52 Million CAD
Market Cap Rank
#18985 Global
#73 in Canada
Share Price
CA$0.48
Change (1 day)
+0.00%
52-Week Range
CA$0.48 - CA$0.48
All Time High
CA$1.49
About

Gear Energy Ltd., an exploration and production company, engages in the acquiring, developing, and holding of interests in petroleum and natural gas properties and assets in Canada. The company's oil properties are located in Central Alberta, West Central Saskatchewan, and Southeast Saskatchewan. Gear Energy Ltd. is headquartered in Calgary, Canada. As of February 5, 2025, Gear Energy Ltd. operat… Read more

Gear Energy - Asset Resilience Ratio

Latest as of September 2022: 0.15%

Gear Energy (GXE) has an Asset Resilience Ratio of 0.15% as of September 2022. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
CA$498.00K
Cash + Short-term Investments
Total Assets
CA$323.83 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2015–2018)

This chart shows how Gear Energy's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Gear Energy's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$498.00K 0.15%
Short-term Investments CA$0.00 0%
Total Liquid Assets CA$498.00K 0.15%

Asset Resilience Insights

  • Limited Liquidity: Gear Energy maintains only 0.15% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Gear Energy Industry Peers by Asset Resilience Ratio

Compare Gear Energy's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Bounty Oil & Gas NL
PINK:BYOGF
Oil & Gas E&P 0.18%
Shanxi Blue Flame Holding Co Ltd
SHE:000968
Oil & Gas E&P 0.01%
Oriental Energy Co Ltd
SHE:002221
Oil & Gas E&P -3.13%
P/F Atlantic Petroleum
CO:ATLA-DKK
Oil & Gas E&P 1.46%
Hibiscus Petroleum BHD
KLSE:5199
Oil & Gas E&P -5.94%
Reach Energy Bhd
KLSE:5256
Oil & Gas E&P 0.15%
Geo-Jade Petroleum Corp
SHG:600759
Oil & Gas E&P 0.01%
Shandong Xinchao Energy Co Ltd
SHG:600777
Oil & Gas E&P 8.49%

Annual Asset Resilience Ratio for Gear Energy (2015–2018)

The table below shows the annual Asset Resilience Ratio data for Gear Energy.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2018-12-31 0.85% CA$3.23 Million CA$379.84 Million -3.21pp
2015-12-31 4.06% CA$9.17 Million CA$225.73 Million --
pp = percentage points